Coca-Cola Consolidated (COKE) Return on Invested Capital [ROIC] (2011 - 2026)
Coca-Cola Consolidated's Return on Invested Capital [ROIC] came in at 35.93% for Q3 2026, up 15.95 percentage points from 19.98% a year earlier but down 0.74 percentage points from the prior quarter.
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Analysis
Coca-Cola Consolidated (COKE) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Coca-Cola Consolidated's Return on Invested Capital [ROIC] was 26.73%, up 0.77 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +10.60 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 25.97% in FY2024 (-6.64 pp), 32.61% in FY2023 (+2.16 pp), 30.45% in FY2022 (+7.86 pp) and 22.59% in FY2021 (+6.46 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 19.97% (Q2 2025) to 36.67% (Q2 2026).
- Year-over-year, Return on Invested Capital [ROIC] has increased for four consecutive quarters, with an average year-over-year change of +3.76 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q2 2026 (a gain of 16.71 percentage points), and the weakest in Q3 2024 (a drop of 9.03 percentage points).
- Business Quant data shows COKE's Return on Invested Capital [ROIC] at 36.67% (Q2 2026), 36.44% (Q1 2026) and 25.66% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 411.73 Bn | 398.05 Bn | 8.45 Bn | 15.56% |
| 2 | Diageo | 221.87 Bn | 201.94 Bn | - | - |
| 3 | Pepsico | 192.76 Bn | 150.52 Bn | 13.75 Bn | 16.05% |
| 4 | Coca Cola Femsa Sab De Cv | 192.22 Bn | 192.22 Bn | 2.15 Bn | - |
| 5 | Monster Beverage | 89.55 Bn | 77.80 Bn | 1.42 Bn | - |
| 6 | Coca-Cola Europacific Partners | 53.01 Bn | 45.68 Bn | - | - |
| 7 | Keurig Dr Pepper | 49.85 Bn | 45.89 Bn | 3.07 Bn | 4.33% |
| 8 | Ambev | 43.57 Bn | 28.38 Bn | 2.14 Bn | 24.68% |
| 9 | Constellation Brands | 24.18 Bn | 23.73 Bn | 1.39 Bn | 11.77% |
| 10 | Coca-Cola Consolidated | 11.75 Bn | 10.75 Bn | 771.58 Mn | 35.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 2, 2026 | 35.93% |
| Jul 3, 2026 | 36.67% |
| Apr 3, 2026 | 36.44% |
| Dec 31, 2025 | 25.66% |
| Sep 26, 2025 | 19.98% |
| Jun 27, 2025 | 19.97% |
| Mar 28, 2025 | 20.36% |
| Dec 31, 2024 | 21.68% |
| Sep 27, 2024 | 21.32% |
| Jun 28, 2024 | 24.68% |
| Mar 29, 2024 | 29.25% |
| Dec 31, 2023 | 29.40% |
| Sep 29, 2023 | 30.35% |
| Jun 30, 2023 | 31.50% |
| Mar 31, 2023 | 30.22% |
| Dec 31, 2022 | 28.78% |
| Sep 30, 2022 | 25.63% |
| Jul 1, 2022 | 23.76% |
| Apr 1, 2022 | 23.93% |
| Dec 31, 2021 | 22.44% |
API Access
Coca-Cola Consolidated Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=COKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "COKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=COKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();